Financial Privacy: New strategies for confidential offshore banking

offshore-fox.com  »  financial-privacy  »  offshore_banking_0205.html

Banking transactions:
Don't raise the red flags

Surveillance of financial
transactions set to rise

We are standing on the edge of a new era of stringent financial surveillance. Becoming familiar with the bureaucrat's tactics is necessary if you are to protect what's rightfully yours.

OFFSHORE-FOX.COM
with Alex Hanson

(Part 6 of 6)

At first sight, becoming acquainted with the thinking and systems used to scrutinise and seize assets might seem suspect. But while it would have been so five or six years ago, today it is just common sense.

Remember that financial surveillance and asset confiscation are already the accepted norm, and the practice is set to spread in the coming years.

A clique of high tax nations, intent on stopping tax leakage to low tax havens, are successfully subverting the proper process of law. Their professed -- yet ineffective -- battle against the money launderer has achieved nothing but driving crime underground and creating a lucrative business for professional launderers. At the same time, ordinary citizens are being stripped of their traditional rights.

Remember that the enemies of financial privacy will stop at nothing to achieve their goal of total "financial transparency" -- or the demolition of all forms of financial privacy in more direct language.

No doubt the future will bring a form of "financial transparency" that we can only guess at today.

Stay ahead and act now. Protect what is yours. It is your right.



offshore-fox.com: Practical offshore information, confidential offshore services
www.offshore-fox.com
Practical offshore information, confidential offshore services.
Copyright © 2001-2005 Associated Offshore Professionals